Reseller Hosting ?
Reseller hosting option provide you a plateform for working as a web hosting company, in reseller hosting account you buy the space and bandwidth at low price and sell them on hight prices.
A host rent the server from the datacenter and sell the space in many options, some reseller, shared and virtual hosting.
a hosting provider, who provide you private lable hosting that
your customer could not find out who's behind you.
As a reseller you get an control panel like Web Host Manager (WHM). In WHM you can create your own packages and prices, limit of bandwidth, space for particular package. You can create a account filling their account information and instantly set them up their very own control panel called cPanel.
Cpanel is a shaed hosting management tool, in Cpanel your customer create and make change like create email, change password, install script using fantastico a one shot script installer, even define cron jobs also, and much more without requiring any help from you.